Entrepreneurial Economics

Entrepreneurial Economics is a branch of Business Economics that focuses on how entrepreneurs create value and drive economic growth. It examines the decision-making processes of entrepreneurs, including how they identify opportunities, allocate resources, and manage risks. This field studies the impact of innovation and entrepreneurship on market dynamics, job creation, and overall economic development. By understanding these factors, we can better appreciate the role of entrepreneurs in shaping industries and contributing to a vibrant economy.